MTN Group Limited (MTNOY)
MTN Group Limited operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Johannesburg, GT, ZA. The stock last traded at $11.85, down 1.17% on the session, giving a market capitalisation of $21.72B. On trailing twelve-month figures it carries a trailing P/E of 22.58, a net margin of 8.9%. Its beta of 0.88 implies it has historically moved less than the broad market.
MTN Group Limited, along with its various affiliates, is a prominent player in the mobile telecommunications industry. The company offers a broad spectrum of services, encompassing mobile data, voice communication, text messaging, and the sale of mobile handsets. Beyond these core offerings, it delves into digital and financial technology solutions, wholesale services, and essential interconnectivity and roaming functionalities. Furthermore, MTN delivers "Network as a Service" (NaaS), which includes extensive infrastructure like subsea fiber optic cables providing international connectivity, terrestrial and metropolitan fiber networks, data centers, and cable landing stations. This also extends to Fiber to the X (FTTx), cellular towers, and radio access networks. Its portfolio also features diverse digital financial services, such as payment access, e-commerce platforms, insurance, lending, and money transfer options. For enterprise clients, MTN provides advanced services like cloud computing, unified communication systems, Internet of Things (IoT) solutions, and software-defined networks. The firm also supplies Application Programming Interface (API) products and services tailored for various sectors, including telecommunications, healthcare, government, financial services, entertainment, and others. As of March 9, 2022, MTN boasted a substantial customer base of 272.4 million subscribers spread across 21 international markets. Its operational footprint spans key regions, including South Africa, Nigeria, the wider South and East Africa, West and Central Africa, and the Middle East and North Africa. MTN Group Limited was established in 1994 and maintains its corporate headquarters in Johannesburg, South Africa.
MTN Group Limited is most often compared with the following Communication Services names: